The economists of the world make on amazingly stupid assumption: “Man is a rational animal” and this leads them to a belief ‘therefore he will do things which are best for him’. This means he will: a) choose the most profitable options – financially rational b) he will take a long term view of things […]
Whether to buy a car, how to finance a car, what car to buy are all important steps while buying. So here is a list of things that you should do if you were to buy a car: 1. Do your homework: The internet has surely made it easier to compare cars, compare features, understand […]
The simple art of writing an astrology column or appearing on television is to write in a way that you say nothing. Let us take some typical lines (in astrology): -those who are single will find somebody attractive to spend your life with. – business travel could be difficult, take care of your health. – […]
I did a lot of trainings for a big PSU bank. Entering a training room was no great pleasure, but it was work! In a class of 50 people, about 42 would be present. On the second day about 37 would be present. However this 37 would include 8 who were not there on […]
if you are an investment adviser…or a coach..there are 2-3 topics which get close to one’s heart 1. the most efficient use of one’s money and 2. start early and the power of compounding today’s Indian Express carries an article on Rent vs. Buy – funnily no Indian website carries a rent vs. buy calculator […]
This younger generation has no goals, no aims, nothing – we were so focused….so said a friend of mine. I am quite surprised and sometimes saddened when such remarks are made. Every generation has its stars, super stars, successful people, fraudsters, lazy bums, idiots,….in more or less the same quantities is the feeling I got. […]
Retirement Mistakes. Retirement, purportedly is the most important goal for most of the readers of this column. At least that is what most of the mails that I get say. Yet, looking at the numbers, it is clear that many investors are undermining their good intentions with unfortunate actions. Or inactions should I say? […]